297
297
Mar 5, 2014
03/14
by
KQED
tv
eye 297
favorite 0
quote 0
i think in the area of earned income tax credit, there might be some overlap. but in general the republican approach will be very different, i think. i think they'll look at the range of programs aimed at helping the poor and say a lot of these programs have been created without any relationship or understanding of how they interact with the others and create large disincentives to work when you stack them all together. lots of studies have shown when you pay someone a benefit and withdraw it when the earnings rise, in a sense you provide add disincentive for people to move up the wage ladder. so you stack all these things together and some people are losing 80% or more of their additional earnings when they get a better-paying job. i think republicans are working hard at that in trying to get the work incentives right. >> woodruff: to bore in for a sect on the earned income tax credit, what's the point at which you see the two sides coming together? >> there's two possibilities. you could do improvements expansion of the earned income credit as part of biparti
i think in the area of earned income tax credit, there might be some overlap. but in general the republican approach will be very different, i think. i think they'll look at the range of programs aimed at helping the poor and say a lot of these programs have been created without any relationship or understanding of how they interact with the others and create large disincentives to work when you stack them all together. lots of studies have shown when you pay someone a benefit and withdraw it...
289
289
Mar 1, 2014
03/14
by
KQED
tv
eye 289
favorite 0
quote 0
a slight tax but this is something that republicans don't do. haven't voted for a single tax since 1993, before 1993, starting with bill clinton. so you know, i thought it showed imagination. >> woodruff: but it's not going anywhere. >> i was very disappointed in the speaker's reaction, blah, blah, blah, which was-- an insult to somebody that spent some real work on it, no, it isn't going to go anywhere, judy, because something like this takes a gestation period of three, four years and a lot of work. dave camp began the work. >> ready for mark's smear on seminars. i thought it was a good step forward. like mark, it's a step. at he not going to pass, but it's a step. and a step for some of the reasons mark said. buts it was a republican plan that preserved the progressivity of the tax code and maybe even increased it a little. and a plan that is revenue neutral but a plan that would produce amazing economic benefits if enacted. if the democrats want to come in and say we'll adopt a similar strategy, maybe we want a little more revenue, then you
a slight tax but this is something that republicans don't do. haven't voted for a single tax since 1993, before 1993, starting with bill clinton. so you know, i thought it showed imagination. >> woodruff: but it's not going anywhere. >> i was very disappointed in the speaker's reaction, blah, blah, blah, which was-- an insult to somebody that spent some real work on it, no, it isn't going to go anywhere, judy, because something like this takes a gestation period of three, four years...
205
205
Feb 27, 2014
02/14
by
KQED
tv
eye 205
favorite 0
quote 0
taxes and hide assets. so they listed using secret elevators that were remote controlled, having a special office at the zurich airport and even passing account statements hidden in "sports illustrated" magazine to hide these activities. >> woodruff: and so what was the reaction, we heard what senator levin was saying, what did others, what was the overall reaction of the committee today. >> they were pretty harsh and they spare nod criticisms all around for both credit suisse, for the swiss government and for the justice department, for all failing to act more quickly and providing more transdns done transparns parenc' to get these names. >> credit suisse say what, we are just abiding by the law,. >> yeah, they just kept repeating that they're caught between a recognize and a hard place wrchl they are under both u.s. law and swiss law. and so if they abide by the u.s. law and provide these names, as you heard, they could face pros kuchlingts and there is an interesting exchange with senator coburn where he
taxes and hide assets. so they listed using secret elevators that were remote controlled, having a special office at the zurich airport and even passing account statements hidden in "sports illustrated" magazine to hide these activities. >> woodruff: and so what was the reaction, we heard what senator levin was saying, what did others, what was the overall reaction of the committee today. >> they were pretty harsh and they spare nod criticisms all around for both credit...
340
340
Mar 4, 2014
03/14
by
KQED
tv
eye 340
favorite 0
quote 0
. >> over this past year texas moved out of the top ten states for its tax status. i want to see texas move back into the top ten having a low tax structure cause its one of the best economic incentives that will attract businesses here. >> woodruff: abbott has also taken fire for campaigning alongside ted nugent, even after the rock musician referred to president obama as a sub-human mongrel. on the democratic side: >> is it still your intention to filibuster? >> yes mr. president. >> woodruff: state senator wendy davis rocketed to national prominence in june after she temporarily derailed a republican bill to impose tough new restrictions on abortions. >> laws are to create justice for all. >> we also received this written testimony. >> there is a medical necessity. women need timely access. >> woodruff: davis's 11-hour filibuster made her an instant hit in her party, and in october, she declared for governor. since then, she's faced scrutiny after parts of her personal story turned out to be inaccurate. texas voters also choose u.s. senate nominees tomorrow. incu
. >> over this past year texas moved out of the top ten states for its tax status. i want to see texas move back into the top ten having a low tax structure cause its one of the best economic incentives that will attract businesses here. >> woodruff: abbott has also taken fire for campaigning alongside ted nugent, even after the rock musician referred to president obama as a sub-human mongrel. on the democratic side: >> is it still your intention to filibuster? >> yes...
194
194
Feb 26, 2014
02/14
by
KQED
tv
eye 194
favorite 0
quote 0
using the vatican bank as an offshore, to hide their money or money launder if you will or not pay taxes. >> for years the italian authorities could do nothing. but one when tough banking regulations were imposed across europe in the wake of the financial crises, only the vatican bank resisted. so the italian finance police put the bank under close surveillance, using all the tools at their disposal. they monitored transactions in and out of the vatican bank. they made their first break through in the summer of 2010. >> in that case, it happened that an italian bank received a request from the vatican bank to transfer 23 million euros. the bank of italy requested details for both payee and recipient in the transaction and the reason for the transfer. the vatican bank failed to provide adequate information so the bank of italy decided to freeze that money. the whole european banking community was up in arms. the account holders that included the iranian and iraqi embassies appears the money would be used for laundering. one bank after another refused to do business with the vatican bank u
using the vatican bank as an offshore, to hide their money or money launder if you will or not pay taxes. >> for years the italian authorities could do nothing. but one when tough banking regulations were imposed across europe in the wake of the financial crises, only the vatican bank resisted. so the italian finance police put the bank under close surveillance, using all the tools at their disposal. they monitored transactions in and out of the vatican bank. they made their first break...
114
114
Mar 6, 2014
03/14
by
KQED
tv
eye 114
favorite 0
quote 0
oil and gas companies already operating in the region pay taxes that finance the north slope boroughs $350 million budget. >> without that support of the industry we won't have anything. our people got to have jobs. >> reporter: anthony edwardsen is the president of the ukpeagvic inupiat corporation that promotes economic growth in the north slope. oil was discovered in nearby prudhoe bay in the 1960s and has transformed an area that at the time was largely without electricity, running water and modern schools. >> i believe strongly when it comes to the industry that we benefit as long as it's divided among us in an equal way. >> reporter: the north slope has produced as much as one-fifth of the nations oil. but even today debate continues among inupiat's on further offshore development that could threaten their native traditions. and it also could be catastrophic for their way of life and, you know, it happens, you know. it does dub assistance hunting and whaling. >> reporter: michael donovan says that if the choice were left up to him, it would be an easy one. >> even if they paid m
oil and gas companies already operating in the region pay taxes that finance the north slope boroughs $350 million budget. >> without that support of the industry we won't have anything. our people got to have jobs. >> reporter: anthony edwardsen is the president of the ukpeagvic inupiat corporation that promotes economic growth in the north slope. oil was discovered in nearby prudhoe bay in the 1960s and has transformed an area that at the time was largely without electricity,...